[Federal Reserve Governor Cook: A rate cut in December is possible, but it will depend on forthcoming new information] BlockBeats News, November 4 – Federal Reserve Governor Cook stated on Monday that she believes a rate cut is possible at the Fed's December meeting, but the decision will be based on information gathered from a wide range of sources between now and then, especially given the delay in official data releases caused by the federal government shutdown. Cook said: 'Currently, risks to both aspects of the dual mandate are rising. Keeping rates too high increases the likelihood of a sharp deterioration in the labor market; while cutting rates too much could lead to inflation expectations becoming unanchored.' 'Delivering an economic outlook speech at this moment is quite challenging,' she noted, adding that since the government shutdown on October 1, the latest official data on employment, inflation, and economic growth has been unavailable. However, she emphasized: 'We are not operating blindly.' Policymakers and staff are actively analyzing various available administrative data, private sector data, and results from multiple surveys conducted by the Federal Reserve on businesses and households. These data have so far supported her assessment: inflation remains slightly above target and faces upward risks, while the labor market overall remains robust but is cooling and may experience a faster-than-expected decline. (Jin10)